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MDA Space
MDA.TOMDA Space (TSX: MDA) is a leading Canadian space technology company with over 50 years of heritage building systems that operate in some of the most demanding environments on Earth and in space.
Brampton, Canada Est. 1969 Commercial
- Founded
- 1969
- Headquarters
- Brampton, Canada
- Stage
- Public
- Ownership
- Listed
- Market cap
- $4.69B-19.3% 30d
- Employees
- 4,000as of 2026
Quick Facts
Country
Canada
Founded
1969
Type
commercial
Status
public
About MDA Space
Updated 2026-09-10
MDA Space (TSX: MDA) is a leading Canadian space technology company with over 50 years of heritage building systems that operate in some of the most demanding environments on Earth and in space. The company is best known for developing Canadarm (Space Shuttle) and Canadarm2 (International Space Station), iconic robotic systems that placed Canada among the world's space powers.
MDA's three business lines are robotics and space operations (including Canadarm3, originally built for the Lunar Gateway and since August 2026 being redirected by the Canadian Space Agency toward lunar surface logistics for Artemis), geointelligence (processing and analyzing imagery from RADARSAT and other satellite constellations), and satellite systems (manufacturing communications and Earth observation satellites). MDA is the satellite manufacturer for Telesat Lightspeed's LEO constellation and builds satellite components for SatixFy, Globalstar, and others. The company went public on the Toronto Stock Exchange in 2021, raising $400M in its IPO, and employs more than 4,000 people across Canada, the UK and the US.
Products and product lines
| Product | Line | Note |
|---|---|---|
| Canadarm3 | Space robotics / lunar surface logistics | Robotic system originally developed for NASA's Lunar Gateway; on 6 August 2026 MDA said Canada's Space Agency intends to repurpose the Canadarm3 investment toward lunar surface logistics for the Artemis program rather than the Gateway arm alone. |
| MDA AURORA | Software-defined digital satellite platform | Digital beam-forming satellite line with dynamically adjustable coverage and bandwidth; underpins MDA's $1.1 billion Globalstar constellation contract and a $474 million August 2026 award to add 27 satellites (198 to 225) with military Ka-band payloads to the Telesat Lightspeed constellation. |
| MDA CHORUS | Earth observation satellite constellation / geointelligence | Next-generation dual-band (C-band/X-band) SAR constellation offering a 700 km imaging swath at sub-metre resolution; MDA opened its mission control centre in St-Bruno-de-Montarville, Quebec on 11 August 2026, targeting launch in late 2026 and commercial service in early 2027. |
| Blue Canyon Technologies (acquired) | Small satellite manufacturing | US spacecraft and component manufacturer (85+ spacecraft launched, 400+ staff in Denver) that MDA agreed to acquire for US$620 million on 19 June 2026, expanding MDA's US defence market access. |
| Collecte Localisation Satellites (CLS) (agreed acquisition) | AI-driven Earth observation analytics (acquired) | French geointelligence and satellite-IoT analytics firm (14,000+ customers, ~1,200 staff); MDA entered a firm offer on 8 July 2026 to acquire roughly 70% for EUR 567 million, with CNES retaining about 30%. |
Timeline
- 2020 Northern Private Capital buys the MDA business from Maxar Technologies for about CA$1 billion (US$765 million) on 8 April, restoring it as an independent Canadian company. [source]
- 2021 MDA lists on the Toronto Stock Exchange under ticker MDA on 7 April. [source]
- 2026 MDA Space agrees to acquire US-based Blue Canyon Technologies for US$620 million, announced 19 June, to expand its US defence manufacturing footprint. [source]
- 2026 MDA Space enters a firm offer on 8 July to acquire about 70% of French geointelligence firm CLS for EUR 567 million, expanding to 40 sites in 19 countries and adding downstream analytics to distribute MDA CHORUS data. [source]
- 2026 MDA Space is awarded $474 million on 4 August to expand the Telesat Lightspeed LEO constellation by 27 AURORA satellites (to 225 total) with added military Ka-band spectrum for Canadian Arctic communications. [source]
- 2026 MDA responds on 6 August to a Canadian Space Agency announcement repurposing Canadarm3 technology investments toward lunar surface logistics operations for the Artemis program. [source]
- 2026 MDA opens its MDA CHORUS mission control centre in Quebec on 11 August, ahead of a planned late-2026 launch of the dual-band SAR Earth observation constellation. [source]
- 2026 The first eight of MDA's AURORA-based Globalstar replenishment satellites launch on a SpaceX Falcon 9 on 15 August, MDA's first delivery as prime contractor for a commercial communications constellation. [source]
Team
- Mike GreenleyCEO · source
Signals
- Market cap, 90 days
- -23.1%
- Verification
- Verified 2026-09-10
Categories & Capabilities
Industry Categories
Latest from Agency Feeds
1 mentions across NASA, ESA, JAXA, ISRO, JPL & SpaceX
Auto-matched by name from primary national-agency RSS feeds. See full live feed →
Stock Performance
MDA.TO · Daily close data
Funding
Market Cap
$4.69B
Location
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Frequently asked about MDA Space
Quick answers to the questions readers most often search for.
- When was MDA Space founded?
- MDA Space was founded in 1969 in Canada.
- Where is MDA Space headquartered?
- MDA Space is headquartered in Brampton, Canada.
- What does MDA Space do?
- MDA Space (TSX: MDA) is a leading Canadian space technology company with over 50 years of heritage building systems that operate in some of the most demanding environments on Earth and in space. The company is best known for developing Canadarm (Space Shuttle) and Canadarm2 (International Space Station), iconic robotic…
- Is MDA Space publicly traded?
- Yes. MDA Space trades under the ticker MDA.TO on Toronto.
- What sector does MDA Space operate in?
- MDA Space works in satellite manufacturing, Robotics and Satellite communications, plus 2 other space-industry sectors.
Sources
The structured fields on this page (founding year, location, sector, status, listing) and the profile text are drawn from the sources below. How profiles are drafted and checked is described in our methodology.
- Official website (mda.space)
- Market data via Yahoo Finance (MDA.TO) · retrieved 2026-09-14
- Company LinkedIn page
- Wikidata / Wikipedia · retrieved 2026-09-04
- Merged duplicate entry mda-ltd · retrieved 2026-09-05
- GLEIF LEI record · retrieved 2026-09-05
- MDA Space: MDA Space Announces Definitive Agreement to Acquire US-Based Blue Canyon Technologies LLC (19 Jun 2026) · retrieved 2026-09-10
- MDA Space: MDA Space Enters Into Firm Offer to Acquire Collecte Localisation Satellites (8 Jul 2026) · retrieved 2026-09-10
- MDA Space: MDA Space Awarded $474 Million to Expand the Telesat Lightspeed LEO Constellation (4 Aug 2026) · retrieved 2026-09-10
- MDA Space: MDA Space Responds to Canadian Space Agency Announcement on Canadarm3 (6 Aug 2026) · retrieved 2026-09-10
- MDA Space: MDA Space Opens MDA CHORUS Control Centre in Quebec (11 Aug 2026) · retrieved 2026-09-10
- MDA Space: MDA Space Satellites for Globalstar Successfully Launched (16 Aug 2026) · retrieved 2026-09-10
- MDA Space: AURORA product page · retrieved 2026-09-10
Data Accuracy Notice: Information about MDA Space is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.
Matched to LEI register, Wikidata · data pass September 10, 2026
Editorial owner: Dr. Donovan, Editor-in-Chief Company representatives may submit corrections • This page does not constitute an endorsement or affiliation • Learn about our data methodology